How Does Title Pass On A “short Sale” On Florida Real Estate…?
Dοеѕ іt require a lawyer...?
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Title transfer on a short sale is the same as any other sale. The only difference in a short sale is the lender has to approve of the sale. Once the lender approves the sale, a normal transfer takes place.
I saw this great article on short sales here http://www.crystalclearmarket.com/?p=181
Hope this helps.
Elliot Lau, Realtor of 22 years.